Mirae Asset Small Cap Fund Direct-Growth

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.717-0.13% 1 day change	16.3%	#NA View Ranked Funds	₹1,580 Cr

Historical NAV & returns

NAV: ₹11.717 as on Jul 21, 2025

This fund Category average

Mirae Asset Small Cap Fund overview

Expense ratio	0.41% as on May 31, 2025
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.!
AUM (Fund size)	₹1,580 Cr
Lock-in Period	Nil
Age	6 m since Jan 10, 2025
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Small Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 12, 2025

Period	This fund	Category average
1 Month	3.82%	2.66%
3 Months	12.73%	11.58%

Asset allocationas on May 31, 2025

Large Cap 19.13%

Mid Cap 7.75%

Small Cap 71.22%

Other Cap 0%

Top holdings

Cholamandalam Financial Holdings Ltd.2.92%

Karur Vysya Bank Ltd.2.49%

Welspun Corp Ltd.2.35%

Sagility India Ltd.2.26%

Top sectors

Financial 17.48%

Healthcare 15.260000000000002%

Services 14.979999999999999%

Capital Goods 11.819999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.90319162%

Mutual Fund 1.39462577%

Net Receivables 0.00347365%

Other Holdings

Others 1.9%

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth 1.39%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Small Cap Fund	N.A.	1,580 Cr	6 m	0.41%
Nippon India Small Cap Fund	N.A.	58,029 Cr	12 yrs 6 m	0.65%
Tata Small Cap Fund	N.A.	10,529 Cr	6 yrs 9 m	0.34%
Quant Small Cap Fund	N.A.	28,205 Cr	12 yrs 6 m	0.66%
Bandhan Small Cap Fund	N.A.	11,744 Cr	5 yrs 5 m	0.39%
Invesco India Smallcap Fund	N.A.	6,823 Cr	6 yrs 9 m	0.44%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Small Cap Fund	3.82%	N.A.	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	1.98%	8.68%	1.75%	28.51%	38.29%	22.32%
Tata Small Cap Fund	4.21%	9.01%	7.7%	28.45%	35.6%	16.74%
Quant Small Cap Fund	1.94%	7.75%	-1.88%	30.16%	43.87%	20.84%
Bandhan Small Cap Fund	3.22%	12.25%	15.09%	35.08%	37.8%	18.06%
Invesco India Smallcap Fund	2.59%	11.81%	14.53%	31.09%	35.24%	16.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Small Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	16.63	0.85	1.37	1.82
Tata Small Cap Fund	16.18	0.8	1.3	1.72
Quant Small Cap Fund	17.41	0.86	1.38	2.04
Bandhan Small Cap Fund	17.83	0.9	1.53	2.31
Invesco India Smallcap Fund	16.35	0.81	1.5	1.77

View all Small Cap funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mirae Asset Small Cap Fund in detail with

About this fund

About Mirae Asset Small Cap Fund

Mirae Asset Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 6 m, having been launched on 10/01/2025. Mirae Asset Small Cap Fund Direct-Growth has ₹1,580 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Small Cap Fund Direct-Growth as of 21/07/2025 is ₹11.72. The fund has an expense ratio of 0.41%, which is less than what most other Small Cap funds charge.

The fund has the majority of its money invested in Financial, Healthcare, Services, Capital Goods, Metals & Mining sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Cholamandalam Financial Holdings Ltd., Karur Vysya Bank Ltd., Welspun Corp Ltd., Sagility India Ltd., JK Cement Ltd..

...

Fund AUM	1,580 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Varun Goel

Mr. Goel has done B.Tech and MBA in Finance & Marketing Prior to joining Mirae Asset Mutual Fund, he has worked with Nippon India Mutual Fund, Motilal Oswal Asset Management Company Ltd., Karvy Stock Broking and KC Portfolio Management

Investment objective

The scheme seeks to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	2,02,662 Cr as on Jun 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Midcap Fund	N.A.	16,337 Cr	5.76%	30.47%
Mirae Asset Great Consumer Fund	N.A.	4,224 Cr	2.87%	24.27%
Mirae Asset Healthcare Fund	N.A.	2,691 Cr	16.41%	24.13%
Mirae Asset ELSS Tax Saver Fund	N.A.	25,567 Cr	6.26%	23.9%
Mirae Asset Large & Midcap Fund	N.A.	39,459 Cr	3.36%	23.67%
Mirae Asset Diversified Equity Allocator Passive FoF	N.A.	938 Cr	2.34%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Small Cap Fund?

The current Net Asset Value (NAV) of the Mirae Asset Small Cap Fund - Direct Growth plan is approximately ₹11.717 as of Jul 21, 2025.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Small Cap Fund - Direct Growth has an expense ratio of 0.41%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,580 Cr as on May 31, 2025.

What are the top stock holdings of Mirae Asset Small Cap Fund?

The Mirae Asset Small Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Cholamandalam Financial Holdings Ltd.	2.92%
Karur Vysya Bank Ltd.	2.49%
Welspun Corp Ltd.	2.35%
Sagility India Ltd.	2.26%
JK Cement Ltd.	2.24%
eClerx Services Ltd.	2.18%
Dr. Lal Pathlabs Ltd.	2.15%
Krishna Institute of Medical Sciences Ltd	2.08%
GE Vernova T&D India Ltd.	2.04%
Can Fin Homes Ltd.	1.98%

What are the top sectors Mirae Asset Small Cap Fund has invested in?

The Mirae Asset Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	17.48%
Healthcare	15.260000000000002%
Services	14.979999999999999%
Capital Goods	11.819999999999999%
Metals & Mining	6.5%
Automobile	5.1000000000000005%
Chemicals	4.9%
Materials	4.41%
Construction	3.96%
Consumer Discretionary	3.54%

What is risk level of Mirae Asset Small Cap Fund?

This is a Small Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Small Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Small Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Small Cap Fund is complete.

How can I redeem my investments in Mirae Asset Small Cap Fund?

Redeeming your investments in Mirae Asset Small Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Small Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 3 Months .
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Small Cap funds.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.